$5,100,000
Oshawa
$5,100,000
Oshawa
2385 Thornton Road North, Oshawa (Northwood), Ontario, L1L1B3
This lot in Oshawa is for sale. It has been on the market 35 days, fresher than the Oshawa average of 237 days.
PRIME 4-ACRE INDUSTRIAL DEVELOPMENT OPPORTUNITY Excellent opportunity to acquire approximately 4 acres of development land with access to municipal water and sewer services. The property offers strong potential for an industrial condominium development, with positive preliminary comments from the municipality regarding the proposed use.An ideal opportunity for a developer, investor, or owner/user looking to capitalize on the demand for modern industrial space. The site provides the potential to accommodate multiple industrial condominium units, creating flexibility for individual unit sales, leasing, or long-term investment.With municipal servicing available and encouraging feedback from the municipality, this property represents an excellent opportunity to advance an industrial development in a growing market. The property currently has a 3 bedroom home that has been kept up, additional 3 car garage. rentable property until development is ready. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 35 days on market, against an average age of 237 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 29 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 99.2 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This vacant land in Oshawa (Northwood) has been listed for 35 days, which is 202 days fresher than the city average of 237. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $5,100,000, about 45.5× the local median household income of $112,000.
Carrying it typically needs a household income of about $996,209 (20% down, 25-yr amortization, stress-tested) — roughly 789% above the area median.
Source: Statistics Canada, 2021 Census (FSA L1L)
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